Cobalt, Copper and Silver Credits add to Revolution's Gold InventorySydney, May 17, 2017 AEST (ABN Newswire) - Revolution Metals Ltd is pleased to report results from diamond drill core assay taken from the "Pine Creek Lode" at Revolution Metal's NSW tenements.
The assay analysis confirmed by Australian Laboratory Services Pty Ltd (ALS) shows the following grades from drillhole DDH2 over a one metre section from 37 metres.
Silver 1.47 g/t
Gold 4.7 g/t
Cobalt 1705 ppm
Copper 1.02 g/t
Elevated values of Nickel and Tin were also found in the analysis, indicating polymetallic mineralisation is present in the vertical ironstone stratiform that extends for six kilometres through the tenements.
During the 1980s, Getty Minerals and BP Minerals spent approximately AU$2M drilling in the area to delineate a bulk tonnage gold resource, however the program was not completed and the area remains unexplored.
Revolution Metals Ltd is currently raising capital to progress the project and add additional gold ounces to its existing JORC 2012 compliant resources.
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About Revolution Metals Ltd
Revolution Metals Ltd is an Australian public company and developer of mineral resources. The focus of the company is to develop mineral assets of economic grade to production, providing investors with rapid return on investment. Revolution's current tenement holding comprises 40 square kilometres of mineralized gold, silver, nickel, cobalt and lead bearing structures in northern New South Wales, Australia.
The primary gold bearing ironstone and quartz deposits of Mt Remarkable, Pine Creek and Alice Cornwall, are part of a field of numerous reefs and historical artisanal workings with over sixty identified as producing gold over a century ago.
Revolution Metals Ltd